Abcourt Mines (ABI) AI Stock Analysis

• Market Cap: C$50.58M
• Dividend Yield: N/A
• Average Volume (3M): 409.01K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.37
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 63
• Industry: Gold
• EPS (TTM): >-0.01
• Shares Outstanding: 1,011,680,540
• 10 Day Avg. Volume: 676,936
• 30 Day Avg. Volume: 409,007
• PEG Ratio: -0.19
• Price to Book (P/B): -22.55
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -3.08
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 48 Neutral
• Price Target: C$0.00 ▼(-100.00%Downside)

The overall stock score reflects significant financial challenges, including negative equity and cash flow issues, partially offset by positive corporate events indicating strategic steps towards operational stability.

Abcourt Mines Business Overview & Revenue Model

Company Description

Abcourt Mines Inc. (ABI) is a Canadian mining company engaged in the exploration, evaluation, and development of mineral properties in Canada. The company focuses on the extraction and production of precious metals, primarily gold and silver, as well as base metals like zinc. Abcourt Mines operates several properties and projects, including the Elder Mine, the Sleeping Giant Mill, and the Abcourt-Barvue Project, aiming to leverage its assets for sustainable growth and shareholder value.

How the Company Makes Money

Abcourt Mines Inc. generates revenue primarily through the extraction and sale of gold and silver from its mining operations. The company operates active mining sites where it extracts ore, processes it to separate the valuable metals, and then sells these metals on the open market. Revenue is influenced by the volume of metals produced and prevailing market prices for gold and silver. Additionally, the company may undertake exploration and development activities to expand its resource base, potentially leading to increased production capacity and revenue generation in the future. Abcourt Mines may also engage in strategic partnerships or joint ventures to optimize its operations and expand its market reach.

Abcourt Mines Financial Statement Overview

Summary

Abcourt Mines is facing significant financial challenges, as evidenced by declining revenue, negative profit margins, and negative equity. The cash flow situation is troubling with negative free and operating cash flows, suggesting potential difficulties in meeting financial obligations.

Income Statement

Abcourt Mines has faced declining revenue over recent periods, with TTM (Trailing-Twelve-Months) revenue significantly lower than previous years. The gross profit margin is negative due to the high cost structure, and the net profit margin is also negative, reflecting substantial losses. EBIT and EBITDA margins are concerningly low, indicating operational challenges.

Balance Sheet

The company has negative stockholders' equity, indicating financial distress. The debt-to-equity ratio cannot be calculated due to negative equity, but total debt is relatively low compared to total assets. However, the equity ratio is negative, highlighting severe financial instability.

Cash Flow

Free cash flow is negative and has worsened over recent periods, indicating liquidity challenges. Operating cash flow is also negative, reflecting the company's inability to generate cash from its core operations. The cash flow situation poses risks to financial sustainability.

Breakdown	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement
Total Revenue	265.12K	7.01M	20.39M	27.59M	24.06M
Gross Profit	-338.00K	2.78M	-2.41M	3.43M	1.94M
EBITDA	-10.36M	-4.73M	-19.48M	5.11M	4.26M
Net Income	-11.59M	-5.34M	-21.62M	2.42M	358.86K
Balance Sheet
Total Assets	14.06M	17.40M	12.29M	31.79M	45.81M
Cash, Cash Equivalents and Short-Term Investments	757.75K	963.97K	720.51K	2.45M	1.96M
Total Debt	1.32M	1.85M	2.48M	1.93M	0.00
Total Liabilities	20.35M	19.27M	15.41M	15.05M	14.15M
Stockholders Equity	-6.28M	-1.87M	-3.13M	16.73M	31.66M
Cash Flow
Free Cash Flow	-10.40M	-664.31K	-3.94M	-2.59M	-1.53M
Operating Cash Flow	-10.16M	-79.64K	-1.96M	5.12M	3.63M
Investing Cash Flow	3.64M	-477.14K	-1.98M	-7.12M	-5.17M
Financing Cash Flow	6.31M	800.25K	2.21M	2.49M	697.34K

Abcourt Mines Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.05
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:ABI, the sentiment is Negative. The current price of 0.05 is above the 20-day moving average (MA) of 0.04, above the 50-day MA of 0.05, and below the 200-day MA of 0.05, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 45.33 is Neutral, neither overbought nor oversold. The STOCH value of -33.33 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:ABI.

Abcourt Mines Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	62 Neutral	$10.14B	9.96	0.09%	2.90%	2.26%	-33.42%
ABI	48 Neutral	C$50.58M	―		―	―	―
AUMB	47 Neutral	C$42.41M	―	-26.56%	―	-100.00%	-21.05%
MGM	47 Neutral	C$34.20M	―	-168.28%	―	―	42.51%
BTR	39 Underperform	C$32.02M	―	-129.79%	―	―	-4.84%
ECR	32 Underperform	C$46.53M	―	-27.94%	―	―	-550.00%

Abcourt Mines Corporate Events

Abcourt Mines Secures $8M Loan to Launch Sleeping Giant Mine

Abcourt Mines Inc. has secured an $8 million loan facility from Nebari Natural Resources Credit Fund II, LP to commence production at its Sleeping Giant Mine. This financing provides the company with operational flexibility and positions it well to achieve commercial production status, enhancing its industry standing and offering potential benefits to stakeholders.

Abcourt Mines Secures $4 Million to Restart Sleeping Giant Mine

Abcourt Mines Inc. has successfully closed a non-brokered private placement of a secured convertible debenture and equity, raising a total of $4,056,000. This funding, along with a US$8 million secured financing facility with Nebari Natural Resources Credit Fund II, LP, will be used to restart the Sleeping Giant mine and mill, repay outstanding account payables, and for general corporate purposes. The debenture offering is a related party transaction, with director François Mestrallet purchasing the debenture, increasing his potential shareholding significantly. The financing initiatives are subject to final approvals and are expected to strengthen Abcourt’s operational capabilities and market positioning.

Abcourt Mines Announces Strategic Financing Initiatives

Abcourt Mines Inc. announced plans for a non-brokered private placement of a secured convertible debenture, aiming to raise $3 million. This move is part of a broader financing strategy that includes a secured financing facility with Nebari Natural Resources Credit Fund II, LP for $8 million and a non-brokered equity financing for $1 million. These financings are expected to enhance Abcourt’s financial flexibility and support its operational and strategic initiatives.

Abcourt Mines Extends Mineralized Zone at Flordin Project

Abcourt Mines Inc. has announced significant results from its channel sampling at the Flordin Project, extending the mineralized zone to over 300 meters in length. This development links historical zones and increases the thickness of gold-bearing intersections, potentially enhancing the company’s operational capabilities and market position in gold exploration.

Abcourt Mines Reports Increased Losses but Improves Working Capital

Abcourt Mines Inc. reported its financial results for the third quarter ended March 31, 2025, showing a net loss of $5.47 million, which is an increase from the previous year’s loss. Despite the losses, the company improved its working capital position, reducing its negative working capital from $4.95 million to $2.17 million. This improvement indicates a positive shift in financial management, although the company continues to face challenges with high exploration and administration expenses.

Abcourt Mines Reports Significant Gold Intersections in 2025 Drilling Campaign

Abcourt Mines Inc. announced promising results from its 2025 drilling campaign on the Flordin property, revealing significant gold mineralization directly below the Cartwright stripping. The drilling confirmed the continuity of high-grade gold zones, with notable intersections such as 3.7 g/t gold over 11 meters. The campaign also aimed to confirm the presence and continuity of the South Zone, with all holes drilled returning gold values, indicating robust potential for future exploration and development. These findings enhance Abcourt’s operational prospects and strengthen its position in the gold mining sector.

Abcourt Mines Reports Promising Drilling Results at Sleeping Giant

Abcourt Mines Inc. has announced significant drilling results at its Sleeping Giant mine, intersecting high-grade mineralization in the 785N zone. The company plans to accelerate its resource conversion program by adding a third underground drill rig and continues to work towards securing financing to develop the mine towards production. These efforts are expected to extend the mine’s life and support a rapid production ramp-up, highlighting the strategic potential of the Sleeping Giant’s infrastructure.

Abcourt Mines Secures $4.6 Million in Private Placement to Restart Sleeping Giant Mine

Abcourt Mines Inc. announced the closing of an additional tranche of its non-brokered private placement, raising $4.6 million. The proceeds will be used to restart the Sleeping Giant mine and mill, as well as for working capital and general corporate purposes. This strategic financial move is part of a larger effort that has raised over $9 million, including a significant investment from Groupe Minier Technica. The placement, involving insiders and subject to TSX Venture Exchange approval, highlights Abcourt’s strategic initiatives to strengthen its operational capabilities and market position.

Abcourt Mines Discovers New Gold Zone on Flordin Property

Abcourt Mines Inc. announced the discovery of a new mineralized zone on its Flordin Property in Quebec, with significant gold grades intercepted in drill hole FL-25-283. This discovery, located near the surface, is characterized by a unique alteration and mineralization pattern distinct from other areas on the property. The company is conducting further studies to understand the mineralogy and potential of this zone, which could enhance Abcourt’s operational prospects and strengthen its position in the gold mining industry.